If a founder could compress an entire entrepreneurial journey into one sentence, it would be this: do your homework before you build. Every wasted dollar, every misstep, every unrealistic expectation, almost all of it traces back to research that never happened.
What if 90% of the pain ahead of you could be avoided by a checklist you can finish in a few weeks?
In Episode 17 of Starting Up, host Jay Sensi synthesizes everything from the last several episodes, idea origin, the three-question test, market timing, the acronyms, voice of the customer, handling rejection, and competitive positioning, into one actionable framework. This is the complete market research playbook, the episode Jay wishes someone had handed him on day one.
Then it gets personal. Jay walks through exactly what he'd change if he could go back: the nine to ten years he lost between having the idea and acting, jumping into development before understanding the competitive landscape, anchoring on a price the market would never pay, and going it alone without a mentor or community. Every one of those mistakes cost time, money, or both, and every one was preventable.
In this video, you will learn the 7-step market research framework:
1️⃣ Define Your TAM, Apply Reality Filters, Research the Competition: Get from a theoretical ceiling to a real, defensible SAM and SOM.
2️⃣ Talk to Prospects & Ask the Money Question: Interview 15-20+ real customers, then plan around a conservative 10% conversion rate.
3️⃣ Handle "No" Strategically: Turn every rejection into product, pricing, and roadmap intelligence using the three-scenario framework.
4️⃣ Calculate Realistic Projections: Build a financial model on conservative assumptions, the honest version, not the investor-pitch version.
Plus: the founder's hindsight reel, the exact regrets Jay would erase, so you don't have to live them.
If you're getting value from Starting Up, make sure to SUBSCRIBE and share it with anyone thinking about starting a business. New episodes drop weekly. Get ready for next week's episode: the show moves out of the research phase and into the GROWING phase, building the product without technical skills, finding and managing developers, partnerships, pricing that actually works, scaling, and when to quit your day job.
Jay's full entrepreneurial story is coming soon in his upcoming book, Starting Up. Subscribers get exclusive early access when it launches!
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